The European Investment Bank participated in the Climate Adaptation Summit (CAS) 2021. This year’s summit, hosted by the Netherlands, convened global leaders and local stakeholders. During the two-day summit, a comprehensive Adaptation Action Agenda was launched, setting out clear commitments to deliver concrete new endeavours and partnerships to make our world more resilient to the effects of climate change.
The COVID-19 pandemic gave us insight into how to collectively rebuild and reimagine the cities of the future. City Climate Finance Gap Fund, a new partnership funded by Germany and Luxembourg and implemented by the European Investment Bank and the World Bank, will tackle this issue and aim at low-carbon, sustainable recovery.